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Wis Umbrella Ltd

11633444

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

C/O WIS ACCOUNTANCY LTD - NO 4 IMPERIAL PLACE, BOREHAMWOOD, WD6 1JN
Incorporated 22/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Wijay Kanagasundaram

director · Since 22/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 5 other boards

Mr Ifthikar Mohamed

director · Since 22/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 5 other boards

Mr Suneth Silva

director · Since 05/06/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 46

Also on 6 other boards

Persons with Significant Control

Mr Wijay Kanagasundaram

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

C/O Wis Accountancy Ltd - No 4, Imperial Place, Borehamwood, WD6 1JN

Notified 22/10/2018

Mr Ifthikar Mohamed

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

C/O Wis Accountancy Ltd - No 4, Imperial Place, Borehamwood, WD6 1JN

Notified 05/06/2023

Mr Suneth Silva

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

C/O Wis Accountancy Ltd - No 4, Imperial Place, Borehamwood, WD6 1JN

Notified 05/06/2023

Former PSCs

Mr Ifthikar Mohamed

Ceased 16/01/2019

Mr Suneth Silva

Ceased 16/01/2019

CompanyRankvs 35229+ SIC 82990 peers
59

Financial strength74th percentile among SIC peers · 19/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/10/2023

Turnover

£12.2M

Annual revenue

Net Worth

£31k

Balance sheet strength

Cash

£818k

Cash in the bank

Profit Before Tax

£29k

Bottom line earnings

Net Current Assets

£31k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.3M

Fixed Assets

£360

Debtors

£493k

Cost of Sales

£12.2M

Gross Profit

£47k

Admin Expenses

£23k

Operating Profit

£25k

Profit After Tax

£23k

109avg. employees+18

Tax at Year End

Corp tax£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20231.02+£23k
20221.01+£795
20211.01+£5k
20201.01
20191.24

Derived from filed accounts. Not audited figures.